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REGISTERED NUMBER: 09873359 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

THE ICENTRIC AGENCY LIMITED

THE ICENTRIC AGENCY LIMITED (REGISTERED NUMBER: 09873359)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE ICENTRIC AGENCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: Mr A Capone
Mr M Newstead





REGISTERED OFFICE: Colworth House
Colworth Park
Sharnbrook
Bedfordshire
MK44 1LQ





REGISTERED NUMBER: 09873359 (England and Wales)





ACCOUNTANTS: Accurate Business Consulting Limited
International House
36-38 Cornhill
London
EC3V 3NG

THE ICENTRIC AGENCY LIMITED (REGISTERED NUMBER: 09873359)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,208 21,374

CURRENT ASSETS
Debtors 5 150,333 117,001
Cash at bank 81,622 68,933
231,955 185,934
CREDITORS
Amounts falling due within one year 6 229,021 177,448
NET CURRENT ASSETS 2,934 8,486
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,142

29,860

PROVISIONS FOR LIABILITIES 2,510 2,471
NET ASSETS 13,632 27,389

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,532 27,289
SHAREHOLDERS' FUNDS 13,632 27,389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2024 and were signed on its behalf by:





Mr A Capone - Director


THE ICENTRIC AGENCY LIMITED (REGISTERED NUMBER: 09873359)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

The iCentric Agency Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

THE ICENTRIC AGENCY LIMITED (REGISTERED NUMBER: 09873359)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2022 10,958 402 38,763 50,123
Additions - 280 - 280
At 30 June 2023 10,958 682 38,763 50,403
DEPRECIATION
At 1 July 2022 4,794 - 23,955 28,749
Charge for year 1,541 136 6,769 8,446
At 30 June 2023 6,335 136 30,724 37,195
NET BOOK VALUE
At 30 June 2023 4,623 546 8,039 13,208
At 30 June 2022 6,164 402 14,808 21,374

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 113,657 91,019
Other debtors 18,713 7,907
Tax 17,963 17,963
Prepayments and accrued income - 112
150,333 117,001

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 34,212 17,893
Amounts owed to group undertakings 73,860 43,307
Tax 8,122 15,705
Social security and other taxes 3,364 2,507
VAT 17,447 39,936
Other creditors 775 664
Accruals and deferred income 91,241 57,436
229,021 177,448

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A Capone.

99.7% of the share capital is held by Prima Castle Limited.